Short-term
SHORT TERM INVESTMENT BREAKOUT 200_SMA WITH VOLUME
Disclaimer:- All the information and analysis will be provided for educational purpose, you should investment and trade at your own risk and rewards, I will not be responsible for any kind of loss or claim any kind of profit. You should make your own decision before investment / Trade.
Go long on Bharti Infratel for short term target of 225Keep strict SL of 199
This is just for educational purpose.
Trade Log NIFTY April 28NSE:NIFTY is making overlapping moves. Idea is to stay patient and wait for breakout.
From current price action, NIFTY is all set to break out of 9400 tomorrow. I have sold calls, which will be in loss. But considering the market is consolidating, I am willing to take the risk of keeping those calls.
Trade Log NIFTY April 27NSE:NIFTY opened gap up today. But it could not keep above last high of 9340 for the day. So this is still consolidation range. Till it breaks out this range , it may be safe to hold these positions. Now, because of sold puts, I have high risk of gap down opening. But from price action for last few days, I'm carrying these positions.
As discussed in weekly view ,I'll look to exit these position when there is possibility of a trending move.
Go LONG if a pullback is seen from the bottom levelSRTRANSFIN has been trading inside the channel for a long time and this is the perfect time for a swing trade.
Sterlite Tech LongSterlite Technologies is looking good for short term. The stock has not fallen after March 13. It is also showing momentum for last 4 trading sessions.
Risk reward is not attractive. Still this trade can be entered in the range of 73 - 80.
CDSL WAIT FOR 250 FOR FRESH ENTRY.CDSL - CENTRAL DEPOSITORY SERVICES LTD.
CMP : 234.
BUY ONLY IF SUSTAINS ABOVE 250.
CAN TAKE SHORT POSITION WITH 250 SL INTRADAY BASIS.
CDSL COULD DRIFT LOWER TO 160-180 OR MUCH LOWER, IF 250 NOT TAKEN OUT IN COMING SESSIONS.
TRADE CAUTIOUSLY.
BETTER BOOK SOME PROFIT AND WAIT FOR 250 TO CROSS FOR FRESH POSITIONS.